Tài liệu Bài tập về Kinh tế vĩ mô bằng tiếng Anh - Chương 8 docx

... -1 00 150 -1 50 200 -2 00 1 60 60 150 -9 0 50 200 -1 40 250 -1 90 2 60 120 1 78 -5 8 28 2 28 -1 08 2 78 -1 58 3 60 180 1 98 -1 8 20 2 48 -6 8 2 98 -1 18 4 60 240 212 28 14 262 -2 2 312 -7 2 5 60 300 230 70 18 280 ... 50 0 60 0 100 -1 00 0 -1 00 1 60 60 150 -9 0 50 60 50 50 -1 00 2 60 120 1 78 -5 8 28 60 100 50 -...

Ngày tải lên: 23/12/2013, 14:15

... parts a-c above, only here profit is 80 % of total revenue minus total cost. π = .8( TR − TC) = .8( p q − wL) π = .8( 150 *8* L 1 2 − 75L) ∂ π ∂L = 480 L − 1 2 − 60= 0 L = 64 q = 64 π = 384 0. 246 ... in part a. q L MP L MRP L 0 0 - - 25 1 25 50 Chapter 14: Markets for Factor Inputs 236 43.75 2 18. 75 37.5 58. 75 3 15 30 71.25 4 12.5 25 81 .25 5 10 20 87 .5 6 6.25 12.5...

Ngày tải lên: 20/01/2014, 20:20

... and the Consumer Price Index from 1 980 to 2001. ˇ 1 980 1 985 1990 1995 2000 2001 CPI 100 130. 58 1 58. 62 184 .95 2 08. 98 214.93 Retail Price of butter $1 .88 $2.12 $1.99 $1.61 $2.52 $3.30 (salted, ... Chapter 1: Preliminaries New CPI 1 980 63.1 Real price of milk 1 980 $2. 98 1 985 82 .3 1 985 $2. 58 1990 100 1990 $1.99 1995 116.6 1995 $1. 38 2000 131 .8 2000 $1...

Ngày tải lên: 23/12/2013, 14:15

... E p 97 = P Q ΔQ ΔP = 4.11 82 0 ( 85 .7) =−0.43 E p 98 = P Q ΔQ ΔP = 3.76 85 0 ( 85 .7) =−0. 38 E p AVE = P 97 + P 98 2 Q 97 + Q 98 2 ΔQ ΔP = 3.935 83 5 ( 85 .7) =−0.40. To derive the demand curve for roasted coffee Q=a-bP, note that ... Quantity demanded and supplied are Q D = 2626. 4-2 12.6(3.5)= 188 2.3, and Q S = 1944 + 207(3.5) = 26 68. 5. Excess supply is therefore 2...

Ngày tải lên: 23/12/2013, 14:15

... F' = [( / ) , )]3 2 360 000 = 734 .8. From this, we obtain C': C' = (2/3)F' = (2/3)734 .8 = 489 .9. In 1995, the bundle of 734 .8 food and 489 .9 clothing would cost $2939.60 and ... decreases. When she buys the 8- ounce soft drink she pays $1.50 8 oz = $0.19 per oz. When she buys the 12-ounce size she pays $0.17 per ounce, and when she buys the 1 6- ounce...

Ngày tải lên: 23/12/2013, 14:15

... P 2 Q 2 - P 1 Q 1 Δ TR cc = (1.1P 1 )(0.8Q 1 ) - P 1 Q 1 = -0 .12P 1 Q 1 , or a 12 percent decline. For disk drives: Δ TR dd = P 2 Q 2 - P 1 Q 1 Δ TR dd = (1.1P 1 )(0.9Q 1 ) - P 1 Q 1 ... the increase in the price of the toll from $5 to $7. The lost consumer surplus is ( 7-5 )*16+0.5( 7-5 )(2 0-1 6)=$36. 14. Vera has decided to upgrade the operatin...

Ngày tải lên: 23/12/2013, 14:15

... (0.2)(125 - 80 ) 2 + (0.3)(100 - 80 ) 2 + (0.5)(50 - 80 ) 2 = $975. c. What would a risk-neutral person pay to play the lottery? A risk-neutral person would pay the expected value of the lottery: $80 . ... σ 2 = (0.5)(0 - 1.025) 2 + (0.25)(1 - 1.025) 2 + (0.2)(2 - 1.025) 2 + (0.05)(7.5 - 1.025) 2 , or σ 2 = $2 .81 2. b. Richard’s nickname is “No-ris...

Ngày tải lên: 23/12/2013, 14:15

... production process we have: L Q AP L MP L 0 0 __ __ 1 10 10 10 2 18 9 8 3 24 8 6 4 28 7 4 5 30 6 2 6 28 4.7 -2 Formatted: Font: Times New Roman Formatted: Font: Times New Roman, 12 ... (100)(4 0 .8 )(49 0.2 ) = 660.22 K = 5 ⇒ q = (100)(5 0 .8 )(49 0.2 ) = 789 .25 ⇒ MP K = 129.03 K = 6 ⇒ q = (100)(6 0 .8 )(49 0.2 ) = 913.19 ⇒ MP K = 123.94 K = 7 ⇒ q = (100)(7...

Ngày tải lên: 23/12/2013, 14:15

... 40.4 6 100 136 236 34 16.67 22.67 39.3 7 100 170 270 34 14.3 24.3 38. 6 8 100 226 326 56 12.5 28. 25 40.75 9 100 2 98 3 98 72 11.1 33.1 44.2 10 100 390 490 92 10 39 49 b. Draw a graph that ... the reverse. For example, let a = 0, b = 1, c = -1 , d = 1. Total cost is Q - Q 2 + Q 3 ; average cost is 1 - Q + Q 2 ; and marginal cost is 1 - 2Q + 3Q 2 . Minimum average...

Ngày tải lên: 23/12/2013, 14:15

... = (21. 5-1 9.2)(14.6)+(17. 4-1 4.6)(21. 5-1 9.2)(.5)=36 .8 b = (17. 4-1 4.6)(21. 5-1 9.2)(.5)=3.22 c = (21. 5-1 9.2)(20. 4-1 7.4)=6.9 d = (21. 5-1 9.2)(21. 1-2 0.5)(.5)=0.69. These numbers are in billions of ... billion pounds to 6.5 billion pounds, then we will have Q D - Q S = 6.5 and we can solve for P: (26.53 285 P )-( -8 . 70+1.214P)=6.5 35.2 3-1 .499P...

Ngày tải lên: 23/12/2013, 14:15